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Oregon voters rejected Measure 27 that would have required the labeling of all foods containing biotech ingredients. The Coalition Against the Costly Labeling Law said the decision affirms consumer confidence in FDA food regulations.

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Oregon voters rejected Measure 27 that would have required the labeling of all foods containing biotech ingredients. The Coalition Against the Costly Labeling Law said the decision affirms consumer confidence in FDA food regulations.

Harvey Pitt stepped down as SEC chairman yesterday, ending a 15-month tenure. Pitt came under fire for his handling of William Webster's appointment to a new five-member panel. Paul Atkins and Cynthia Glassman, the other two Republican SEC commissioners, could be in line for Pitt's old job. Click here to read Pitt's resignation letter.

Radio frequency identification is a tool retailers, suppliers and shippers are looking to implement to track goods while addressing such issues as counterfeit, theft and perishability. Some analysts say RFID would revolutionize the supply chain because it can offer efficiency, security and authenticity.

A National Cancer Institute study shows garlic, shallots and onions may reduce the risk of prostate cancer by 50%. The study tracked 238 men in Shanghai, China, whose diets consist of many items in the allium category.

Friends and families who traditionally sent money or checks to relatives living in Latin American countries are beginning to turn more to online grocery retailers to help their loved ones. Those living in the U.S. log onto the Web sites of Latin American grocery stores such as Disco and Pao de Acucar and have groceries sent directly to their families' homes.